Track These KPIs!
By looking at your financial statements, you may get a good idea of the absolute sales number over a period of time. To gain a deeper...
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The Bookkeeping Advisory Team LLC
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The Bookkeeping Advisory Team
1 min read
When Do You Need Professional Bookkeeping Service?
I gather from the experience of my clients that you need to invest in professional bookkeeping service when you encounter the following...
The Bookkeeping Advisory Team
2 min read
Pricing Your Products
As an E-commerce seller, it’s important to know the minimum number of products you need to sell in order to hit the point where your...
The Bookkeeping Advisory Team
1 min read
Inventory Valuation
Tracking your inventory level is an important component of managing your E-Commerce business. But before we can track our inventory, we...
The Bookkeeping Advisory Team
1 min read
Keep Cash Flowing In Your Business
Having a positive cash flow is very important to the smooth operation and success of your E-Commerce business. Here are a few ways you...
The Bookkeeping Advisory Team
1 min read
Managing Sales Tax for E-Commerce Sellers
Just like brick and mortar stores, E-Commerce sellers have to collect and pay sales tax. First, determine whether the products you’re...
The Bookkeeping Advisory Team
1 min read
Recording of Revenue for E-Commerce Business
For an E-Commerce company, the bank deposits from your selling platforms are not your gross revenue. E-Commerce platforms, such as...
The Bookkeeping Advisory Team
2 min read
7 Good Bookkeeping Practices
1. Separate your business and personal expenses Keep separate bank and credit card accounts for your business and personal expenses. The...
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